MN SF3295

Increases aviation gasoline excise tax from 5 cents to 6 cents per gallon on all aviation gasoline received, sold, stored, or withdrawn from storage in Minnesota.

Modifies graduated refund thresholds for aviation gasoline and special fuel by increasing tier limits from 50,000/150,000/200,000 gallons to 200,000/500,000/1,000,000 gallons respectively.

Adjusts refund rates within each tier, changing the second tier refund from 2 cents to 3 cents per gallon while maintaining 1 cent and 0.5 cent rates for higher tiers.

Removes outdated aircraft in-lieu tax language referencing the period "January 1, 1966, to June 30, 1967" from Minnesota Statutes section 360.531.

Modifies aircraft in-lieu tax calculation to the lesser of either one percent of value or 50 cents per pound of maximum gross takeoff weight, effective July 1, 2010.